North Carolina Virtual Academy 401(K) Plan — Form 5500 plan (North Carolina Learns, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, North Carolina Virtual Academy 401(K) Plan is a benefit plan reported by North Carolina Learns, Inc. under EIN 47-4549510 and plan number 001. The latest loaded filing year is 2023. The filing reports 220 participants and $2,912,598 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
North Carolina Learns, Inc.
EIN
47-4549510
Plan number
001
Plan type
2
Location
Durham, NC
Latest filing year
2023
Participants
220
End-of-year plan assets
$2,912,598

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023220H, C20250414161122NAL0000900483001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,912,598
Total liabilities (EOY)
$0
Net assets (EOY)
$2,912,598
Net assets (BOY)
$2,058,162

Income & contributions

Employer contributions
$133,130
Participant contributions
$381,047
Total contributions
$579,907
Total income / additions
$968,473

Expenses & distributions

Benefits paid
$113,214
Administrative expenses
$823
Total expenses
$114,037
Net increase / (decrease)
$854,436

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capital Group Retire Plan ServRECORDKEEPER$503$02023
Trinity Pension Group, LLCADMINISTRATOR$320$02023

Related Form 5500 pages